Nat Gas Jan22-Dec21 spread:
For 20 years of historical data, Jan-Dec spread has had a positive trend (Jan price is higher than Dec). I want to wait until the spread becomes narrower before I'd bet on spread widening. My risk is pre-calculated. I am not gonna bet on spread narrowing. It's riskier especially because this winter can be colder if weather forecast is correct.
For 20 years of historical data, Jan-Dec spread has had a positive trend (Jan price is higher than Dec). I want to wait until the spread becomes narrower before I'd bet on spread widening. My risk is pre-calculated. I am not gonna bet on spread narrowing. It's riskier especially because this winter can be colder if weather forecast is correct.
Simplicity is the ultimate sophistication - Leonardo da Vinci